Grandmother Estella Martinez was turned away when she went to collect her disability money

The socialist nation of Venezuela is on the verge of collapse with inflation at 82,700 per cent and as thousands of malnourished citizens continued to flee across the border.

Experts warn that inflation is set to hit one million per cent by the end of the year.

A single chicken cost 15million bolivars in the old currency and the local version of the game show Who Wants To Be A Millionaire has been cancelled as the top prize of two million bolivar — 13p — was not enough to buy a loaf bread.

Corbyn and his allies have repeatedly praised the socialist experiment that has transformed Venezuela from one of the wealthiest countries in South America to a bankrupt state with £39billion in debts.

In 2014, the 69-year-old Labour leader, then just an MP, phoned human rights abuser Maduro to discuss the “fight against capitalism” during a television interview.

President Maduro presents fresh currency, having slashed five zeros off the crippled bolivar

Pensioner Samuel Silva, 81, says he cannot find the medicine for the serious blood condition his wife Hilda Reyes, 78, needs to stay alive as the hospitals in this socialist utopia are so short of essentials.

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He said: “My parents moved here from Columbia when I was 12 years old because they wanted a better life. Today it is a mess.

“If people in Britain elect Jeremy Corbyn to be Prime Minister, my message to them is that they had better get used to being hungry.